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Posts tagged “lean experimentation

“Government Entrepreneur” is Not an Oxymoron

“Government Entrepreneur” is Not an Oxymoron
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Public entrepreneurship is entrepreneurship. It’s the pursuit by public officials and their collaborators of opportunity without regard to resources controlled. First year students at Harvard Business School are taught that entrepreneurs face substantial risk in pursuing a new opportunity and a basic Catch-22 that comes with it: that it’s difficult to reduce risk without resources and difficult to attract resources while risk is high. Public entrepreneurs face the same predicament. The course teaches four tactics to cope with the challenge: lean experimentation, scaling, partnering, and storytelling. We can create…